Diedrich Coffee, Inc.

News and overview for Diedrich Coffee, Inc.

Peet's Coffee & Tea buying Diedrich Coffee for $213 million to enter single-serve brew market
Sun (Baltimore), The | 20 days 2 hours 19 minutes ago
Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.


Peet's Coffee buying Diedrich Coffee for $213M
Yahoo! | 20 days 14 minutes ago
EMERYVILLE, Calif. – Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.


Peet's Coffee & Tea buying Diedrich Coffee for $213 million to enter single-serve brew market -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 20 days 2 hours 59 minutes ago
EMERYVILLE, Calif. (AP) — Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.


Diedrich Coffee Reports First Quarter Fiscal 2010 Financial Results [Press Release]
PRNewswire | 18 days 20 hours 56 minutes ago
IRVINE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc.


Peet s Coffee & Tea Announces Definitive Agreement to Acquire Diedrich Coffee in Cash-and-Stock Transaction [Press Release]
Business Wire | 20 days 5 hours ago
Peet's Coffee & Tea, Inc. (NASDAQ: PEET) and Diedrich Coffee, Inc. (NASDAQ: DDRX) announced today that they have entered into a definitive agreement under which Peet’s will acquire Diedrich in a cash-and-stock transaction valued at $26.00 per share or a total value of approximately $213 million. The acquisition will further solidify Peet’s leading position in the specialty coffee and tea market, with premium quality brands in every segment of the category.


Diedrich Coffee to Hold First Quarter 2010 Conference Call Today, November 2 at 5:30 p.m. ET [Press Release]
PRNewswire | 20 days 2 hours 4 minutes ago
...FirstCall/ -- Diedrich Coffee, Inc. , a leading roaster...coffeeteastore.com Diedrich Coffee Investor Relations...Liolios Group, Inc. Tel 949-574...of LioliosGroup, Inc., +1-949...liolios.com, for Diedrich Coffee


Diedrich Coffee Reports Fourth Quarter and Fiscal 2009 Financial Results [Press Release]
PRNewswire | 62 days 7 hours 14 minutes ago
IRVINE, Calif., Sept. 21 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc.


Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. - DDRX [Press Release]
Business Wire | 19 days 6 hours 37 minutes ago
Levi & Korsinsky is investigating the Board of Directors of Diedrich Coffee Inc. (“Diedrich Coffee” or the “Company”) (NasdaqCM: DDRX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Peet's Coffee & Tea Inc. ("Peet's") (NasdaqGS: PEET). Under the terms of the transaction, Diedrich Coffee shareholders will receive $17.33 in cash plus a fraction of a Peet's share valued at about $8.67, based on the closing price o...


Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 19 days 8 hours 39 minutes ago
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Diedrich Coffee, Inc. (“Diedrich Coffee” or the “Company”) (Nasdaq:DDRX) relating to the proposed acquisition by Peet’s Coffee & Tea, Inc. (“Peet’s”). Peet’s has agreed to acquire Diedrich Coffee in a deal valued at approximately $213 million.


CORRECTING and REPLACING Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 18 days 23 hours 32 minutes ago
Please replace the release with the following corrected version due to revised second graph.


Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 19 days 2 hours 4 minutes ago
Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of Diedrich Coffee, Inc. (“Diedrich” or the “Company”) (Nasdaq: DDRX) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by Diedrich’s Board of Directors to sell all of the Company’s outstanding shares of common stock to Peet’s Coffee & Tea, Inc. (“Peet’s”) (Nasdaq: PEET) at a price of approximately $26.00 per sh...


Diedrich Coffee Sets Fourth Quarter and Year End 2009 Conference Call for September 21 at 4:30 p.m. ET [Press Release]
PRNewswire | 68 days 3 hours 44 minutes ago
...FirstCall/ -- Diedrich Coffee, Inc. , a leading roaster...coffeeteastore.com Diedrich Coffee Investor Relations...Liolios Group, Inc. Tel 949-574...of LioliosGroup, Inc., +1-949...liolios.com, for Diedrich Coffee


Finkelstein Thompson LLP Announces Investigation of Diedrich Coffee Inc. s Proposed Acquisition by Peet s Coffee & Tea Inc. [Press Release]
Business Wire | 17 days 11 hours 4 minutes ago
Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Diedrich Coffee Inc. (“Diedrich” or the “Company”) (Nasdaq:DDRX) arising from the Company’s announcement of its intent to go private through a merger with Peet’s Coffee & Tea Inc. (“Peet’s”) (Nasdaq:PEET).


Coffee People s Original Donut Shop K-Cup Offers Coffee Drinkers a Taste Back in Time [Press Release]
Business Wire | 41 days 11 hours 11 minutes ago
Few simple pleasures can match an early morning cup of coffee in a favorite donut shop, with its rich aroma mixing with the smell of fresh-baked, piping hot donuts.


Kendall Law Group Investigating Diedrich Coffee Inc. on Behalf of Shareholders [Press Release]
Business Wire | 13 days 11 hours 11 minutes ago
Kendall Law Group, founded by a former federal judge, began an investigation on behalf of Diedrich Coffee Inc. (NASDAQ: DDRX) shareholders. The investigation concerns possible breaches of fiduciary duty by the Board of Directors in connection with the proposed acquisition by Peet’s Coffee & Tea, Inc. This is a cash and stock transaction valued at approximately $213 million.





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Company Overview


Company: Diedrich Coffee, Inc.
Industry: Coffee & Tea
Website: http://www.diedrich.com

This company keeps caffeine lovers buzzing. Diedrich Coffee is a leading coffee producer and wholesale supplier that distributes coffee products to retailers and foodservice customers. The company produces a variety of specialty coffee blends and flavors under the brands Coffee People, Diedrich Coffee, and Gloria Jean's. Its primary product is K-Cup single serving portion packs, produced under license for Green Mountain Roasters' Keurig unit. Diedrich Coffee also produces and distributes fresh roasted coffee from its facility in California. The company has agreed to be acquired by coffee shop chain operator Peet's Coffee & Tea.


Key Numbers

Sales in U.S. Dollars (mil.) 62.3 (2009)
One-year % Growth in Sales 34.5 (2009)
Net Income in U.S. Dollars (mil.) 1.6 (2009)
One-year % Growth in Net Income 0.0 (2009)
Number of Employees 150 (2009)
One-year % Growth in Number of Employees -31.8 (2009)
Fiscal Year-End June